News for 'Electronics and Information Technology Goods'

Trump 2.0: Tough Navigation Lies Ahead For India

Trump 2.0: Tough Navigation Lies Ahead For India

Rediff.com12 Feb 2025

'As the global economy undergoes significant transformations in 2025, India's ability to navigate the complexities of trade wars, financial realignments, and emerging blocs will be pivotal,' explain Harsh V Pant and Soumya Bhowmik.

India world's electronic housekeeper: Birla

India world's electronic housekeeper: Birla

Rediff.com13 Dec 2003

Strides made in the information technology sector has enabled India to emerge as the world's "electronic housekeeper" and good economic performance has put the nation firmly on the path of growth, the doyen of Indian industry K K Birla has said.

Despite import cuts, govt seeks smooth supply of laptops

Despite import cuts, govt seeks smooth supply of laptops

Rediff.com25 Nov 2024

As the Union government explores ways to restrict import of laptops and other electronic devices starting with a 5 per cent reduction from the current level, it is working to ensure that there's no supply disruption in India even if an import cap is introduced, it is learnt. The caveat assumes significance in the context of the government's announcement of its plan in August 2023 to issue licences for import of select IT hardware products to reduce the country's dependence on China.

Modi slams 'Lutyens Jamaat, Khan Market Gang' over British-era dance ban

Modi slams 'Lutyens Jamaat, Khan Market Gang' over British-era dance ban

Rediff.com1 Mar 2025

Prime Minister Narendra Modi asserted that his "vocal for local" campaign is bearing fruit as Indian products are going global and making their presence felt across the world. He said that India was becoming the land of infinite innovations, finding affordable solutions and offering them to the world. The prime minister also highlighted the country's rising defense products, electronics, automobile sector, and the success of superfoods, Ayush products, and yoga. He said India should be presented to the world as it is, without any bias. Modi said that the country was now emerging as a manufacturing hub and a "factory of the world." He added that India was creating solutions that were affordable, accessible, and adaptable, and offering them to the world without gatekeeping.

Why Is Maharashtra An Underperformer?

Why Is Maharashtra An Underperformer?

Rediff.com23 Nov 2024

'Why has Maharashtra slipped up over the past couple of decades?' 'Not only is this question critical for residents of the state, but given that it accounts for 14% of India's GDP, a faster-growing Maharashtra implies a faster-growing India as well, point out Shishir Gupta and Rishita Sachdeva.

How Government Is Making Use Of AI

How Government Is Making Use Of AI

Rediff.com9 Oct 2024

The National Informatics Centre uses AI to automate document analysis and detect fraud in government departments.

From electronics to semiconductor, MNCs in search of policy stability

From electronics to semiconductor, MNCs in search of policy stability

Rediff.com29 May 2023

Their favourite alternatives: Malaysia, Vietnam and the Philippines. Note, India is missing from that list. And this is despite an attractive financial incentive scheme for OSAT players. The reason, said a senior executive of a US chip company who had a meeting in Taiwan just a few weeks ago, is that "they want more predictability in government policy because they plan to put in big money."

How To Score High CGPA For Best Placements

How To Score High CGPA For Best Placements

Rediff.com25 Sep 2024

Create a balanced schedule that allocates time for both studies and skill development, suggests rediffGURU Aasif Ahmed Khan.

Why 38% of IIT Graduates Are Unemployed

Why 38% of IIT Graduates Are Unemployed

Rediff.com28 Nov 2024

Out of 24,230 IIT and NIT grads, about 8,000 students didn't find any takers during campus placement drives this year.

Budget may go vocal for higher local procurement

Budget may go vocal for higher local procurement

Rediff.com17 Jul 2024

To boost domestic manufacturing under the Make in India initiative and reduce dependency on imports, the government is expected to announce in the Budget an increase in the minimum local content requirement for public procurement, with certain sectors being granted exceptions. Currently, firms producing goods, services, or works with at least 50 per cent local content are classified as Class-I local suppliers and are preferred the most in government procurement.

Taiwan keen to help India become leader in chip space

Taiwan keen to help India become leader in chip space

Rediff.com29 Apr 2024

Taiwan is keen to collaborate with India and help it become a leader in the semiconductor space, Jason Ho, chairman of the Taiwan Chamber of Commerce in India, said, asserting that the Taiwanese companies have the supply chain for things that the Indian market needs. Manufacturing semiconductors - used in electric and hybrid cars, drones, and communication devices - is fairly complicated, entails huge investment, and can be a cumbersome process.

Beyond IIT-JEE: Important Engineering Entrance Exams

Beyond IIT-JEE: Important Engineering Entrance Exams

Rediff.com9 Jan 2025

Considering the competition, engineering aspirants should ideally consider taking a minimum of five to seven entrance exams to maximise their chances of success and broaden their options when it comes to college, says rediffGURU Nayagam PP.

Govt may hike local content requirement

Govt may hike local content requirement

Rediff.com20 May 2024

The government is planning to tweak its procurement policy to give a fillip to domestic manufacturing. The industry department has floated a proposal to raise the minimum local content requirement for public procurement for Class-I and -II suppliers from 50 per cent currently to 70 per cent, and 20 per cent as of now to 50 per cent, respectively.

'Largecaps Present Better Risk/Reward Balance'

'Largecaps Present Better Risk/Reward Balance'

Rediff.com19 Aug 2024

'Investors should consider small and midcaps only if they can handle volatility and have a longer investment horizon.'

Govt should think of imposing age limit for social media: Karnataka HC

Govt should think of imposing age limit for social media: Karnataka HC

Rediff.com20 Sep 2023

The high court of Karnataka on Tuesday observed that it would be suitable if an age limit was introduced for using social media akin to the legal age for drinking alcohol.

'Don't shun midcaps, smallcaps just because they surged 40-50%'

'Don't shun midcaps, smallcaps just because they surged 40-50%'

Rediff.com10 Jan 2024

'What will matter in 2024 from the market standpoint is the direction of interest rates globally, as well as in India.' 'The results of the general elections will also be keenly watched.'

'Vague Allegations Against Election Commission Unfair'

'Vague Allegations Against Election Commission Unfair'

Rediff.com29 Nov 2024

'To attribute motives to the individual election commissioner or the Election Commission as a group is very unfair.'

How We Can Create Millions Of Jobs

How We Can Create Millions Of Jobs

Rediff.com23 Aug 2024

'Three manufacturing sectors can create jobs by the million: Apparel, food, and electronic assembly.' 'Let's talk to them and ask them what it would take to scale by a factor of ten,' suggests Naushad Forbes.

Fact-checking unit on hold till July 10, court's say final, says govt

Fact-checking unit on hold till July 10, court's say final, says govt

Rediff.com7 Jun 2023

The Centre on Wednesday told the Bombay high court it was extending till July 10 its earlier statement that it won't notify its fact-checking unit to identify fake news against the government on social media, even as two new petitions were filed challenging the recently amended IT Rules.

Apple Sales In India Up to 67,000 Cr

Apple Sales In India Up to 67,000 Cr

Rediff.com16 Jul 2024

Despite the robust growth in this country, Apple's India share in its overall global sales remained modest -- constituting 1.5 per cent of its overall turnover of $389 billion in FY23.

India must have a future in Electronics

India must have a future in Electronics

Rediff.com19 Jul 2019

'It is in electronics that the gap between where we are and where we need to be is most obvious and most persistent.' 'It is not only a national security issue, but also a commercial issue,' argues Rajeev Srinivasan.

Google Cloud's ambitious India plans

Google Cloud's ambitious India plans

Rediff.com6 Oct 2024

India is among the fastest-growing markets for Google in the cloud services segment, a senior executive has said, adding that the tech giant is looking to partner companies in their business transformation through its offerings. Google Cloud India is seeing an "increased adoption" of its offerings across segments from the public sector to small and medium businesses and from startups and digital-native companies, Google Cloud India vice president and country managing director Bikram Singh Bedi told PTI.

'All Is Not Well With Election Commission'

'All Is Not Well With Election Commission'

Rediff.com18 Dec 2024

'They refuse to be transparent. They refuse to be accountable.'

Modi 3.0 mantris off to quick start, priority for 100-day action plan

Modi 3.0 mantris off to quick start, priority for 100-day action plan

Rediff.com11 Jun 2024

Signalling both change and continuity, India's new government, headed by Prime Minister Narendra Modi for a third consecutive term, got into work gear on Tuesday with cabinet ministers and ministers of state filing into their respective offices to assume charge.

Govt tweaks licensing norms for laptop, computer imports

Govt tweaks licensing norms for laptop, computer imports

Rediff.com19 Oct 2023

The government on Thursday tweaked curbs on imports of laptops and computers as it allowed importers to bring in shipments of IT hardware from overseas on a mere 'authorisation' upon detailing quantity and value. The new 'import management system' is aimed at monitoring shipments of laptops, tablets and computers into the country without hurting market supply or creating a cumbersome licensing regime. The announcement is likely to provide relief to companies in the IT hardware segment in India as they had flagged concerns over the imposition of a strict licensing regime for importers.

India's Economic Reality And The Hype

India's Economic Reality And The Hype

Rediff.com13 Jul 2024

From connectivity woes to infrastructure advancements and the startup boom, there is a gulf between claims and reality in India's economic landscape, points out Devangshu Datta.

New orders point to further gains for Hindustan Aeronautics stock

New orders point to further gains for Hindustan Aeronautics stock

Rediff.com23 Apr 2024

Hindustan Aeronautics (HAL) is one of the largest beneficiaries of the defence indigenisation programme. The aerospace Public Sector Undertaking (PSU) has just received a new tender for 97 Light Combat Aircraft (LCA) Tejas Mk1A, and it is already servicing an earlier order for 83 LCA aircraft. The new order is worth around Rs 65,000 crore with a 65 per cent indigenisation component, whereas the earlier order (February 21) was worth Rs 45,700 crore with 55 per cent indigenisation.

No reply yet from Apple on hacking alert to politicos: MoS

No reply yet from Apple on hacking alert to politicos: MoS

Rediff.com19 Feb 2024

Minister of State for Electronics and IT Rajeev Chandrasekhar said the government has asked Apple two questions: whether their devices are safe, and if so the reason for the alert was sent to the Opposition members.

Crypto firms bank on fair play as Binance logs into FIU-IND

Crypto firms bank on fair play as Binance logs into FIU-IND

Rediff.com20 May 2024

The regulatory gap between crypto firms registered with the Financial Intelligence Unit-India (FIU-India) and unregistered offshore entities is expected to narrow, industry players said, after global crypto players Binance and KuCoin received approvals to register with India's anti-money laundering unit.

Rs 1.25 lakh cr black money confiscated by Modi govt: Ashwini Vaishnaw

Rs 1.25 lakh cr black money confiscated by Modi govt: Ashwini Vaishnaw

Rediff.com12 Dec 2022

Black money to the tune of "Rs 1.25 lakh crore" has been confiscated by the Modi government, Union Minister Ashwini Vaishnaw said on Monday and asserted transparency is a key aspect of the present dispensation's good governance model. The minister for railways said similarly, to ensure transparency, benami properties worth Rs 4,300 crore were attached and registration of 1.75 lakh companies cancelled. Talking to reporters at the Rail Bhawan, Vaishnaw said in his long public service, Prime Minister Narendra Modi has "perfected a model of good governance that started in Gujarat".

Stock market gives thumbs up to Siemens' strong performance in Q2

Stock market gives thumbs up to Siemens' strong performance in Q2

Rediff.com23 May 2024

Siemens delivered a strong margin performance and also reported high other income to beat consensus in the January-March quarter (Q2) of FY24 (the company's year-end is September 30). In addition, it has opted to demerge the energy vertical with a 1:1 award of shares in the newly demerged entity which will be listed by the end of this year (CY25).

Gains in tech firm ABB India may sustain on strong margin outlook

Gains in tech firm ABB India may sustain on strong margin outlook

Rediff.com21 May 2024

ABB India's March quarter results (Q1CY24) were led by strong margin performance. Revenue was, however, largely in line with estimates at Rs 3,080 crore (up 28 per cent Y-o-Y and up 12 per cent Q-o-Q). The growth was across electrification (30 per cent Y-o-Y), process automation (73 per cent Y-o-Y) and robotics & motion (8 per cent Y-o-Y).

Too Much Screen Time? How You Can Protect Your Eyes

Too Much Screen Time? How You Can Protect Your Eyes

Rediff.com6 Aug 2024

Every 20 minutes take at least a 20-second break and look at something which is 20 feet away from you. This exercise helps in relaxing the eye muscles and reduces fatigue, suggests ophthalmologist and aesthetic surgeon Dr Sneha Shah.

AWS to invest $4.4 bn in India by 2030 through new Hyderabad region service

AWS to invest $4.4 bn in India by 2030 through new Hyderabad region service

Rediff.com23 Nov 2022

Amazon Web Services (AWS) will invest nearly $4.4 billion (Rs 36,000 crore) in India by 2030 and support more than 48,000 jobs externally through a new regional service launched on Tuesday, said the on-demand Cloud computing company. AWS Asia Pacific (Hyderabad) is the company's second infrastructure region in India, six years after it opened its first Cloud region in Mumbai in 2016. The Hyderabad region will give customers access to AWS technologies for data analytics, security, machine learning, and artificial intelligence.

How India can rival China in electronics manufacturing

How India can rival China in electronics manufacturing

Rediff.com3 Oct 2019

'We have the geographic advantage, demographic advantage, we have the necessary technical skills.' 'We just have to get all of these together. Then, we can very well compete.'

Karnataka minister alleges Rs 500 cr IT scam under BJP

Karnataka minister alleges Rs 500 cr IT scam under BJP

Rediff.com9 Nov 2023

The IT-BT minister claimed that the then BJP government did not merely charge a '40 per cent commission', as his party had claimed during the assembly election, but had collected a commission of more than 400 per cent.

IT industry confident of meeting BIS deadline

IT industry confident of meeting BIS deadline

Rediff.com26 Aug 2013

An order, issued last year, makes it mandatory for certain electronic products being sold in the Indian market to comply with BIS specifications

15 more firms selected under PLI scheme for white goods

15 more firms selected under PLI scheme for white goods

Rediff.com28 Jun 2022

As many as 15 companies, including Adani Copper Tubes, LG Electronics and Wipro Enterprises, with committed investment of Rs 1,368 crore, have been selected as beneficiaries under the PLI scheme for the white goods sector, the government said on Tuesday. In March, the commerce and industry ministry had reopened the application window for its Rs 6,238-crore PLI scheme for white goods -- air-conditioners (ACs) and LED lights-- with an aim to accommodate more players as several firms had expressed interest in the initiative. Last year, as many as 46 firms, including Daikin, Panasonic, Syska and Havells, with committed investment of Rs 5,264 crore were selected in the first round the scheme.

'Public AI infrastructure we create would help startups'

'Public AI infrastructure we create would help startups'

Rediff.com9 Jan 2024

'Similar to the case of the digital payment system where the government created a public platform and others joined in, we are exploring a similar structure to create a PPP platform where the compute required for AI could be accessed by the small player.'

Gujarat bags Foxconn's Rs 1.54 lakh cr semiconductor project

Gujarat bags Foxconn's Rs 1.54 lakh cr semiconductor project

Rediff.com13 Sep 2022

A joint venture of the Indian conglomerate Vedanta and Taiwanese electronics manufacturing giant Foxconn signed a memorandum of understanding with the Gujarat government on Tuesday to set up a semiconductor and display manufacturing unit in the state.